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China house price gains no longer a certainty: central bank adviser


The measures should be enough to ensure house prices as a whole would be stable over the next 10 to 15 years, the official China Securities Journal quoted Sheng Songcheng, a People’s Bank of China adviser and dean of the research institute of China Chief Economist Forum, as saying.

The measures should be enough to ensure house prices as a whole would be stable over the next 10 to 15 years, the official China Securities Journal quoted Sheng Songcheng, a People’s Bank of China adviser and dean of the research institute of China Chief Economist Forum, as saying.

SHANGHAI: A rising trend in property values in China is no longer a certainty as “unprecedented” state housing price controls come into effect, state media quoted a central bank adviser as saying.

China’s housing authorities have pledged to stabilise land and home prices in 2019 and ramp up the supply of rental housing to tackle home-affordability issues, state television reported in December.

China property

   

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